Overview
ODDITY Tech Q3 revenue grows 24% yr/yr, beating analyst expectations
Adjusted EPS for Q3 beats analyst expectations
Company launched new brand METHODIQ, expanding into medical care solutions
Outlook
ODDITY raises FY2025 revenue outlook to $806-809 mln
Company expects Q4 2025 revenue between $149 mln and $152 mln
ODDITY projects FY2025 adjusted EPS of $2.10-$2.12
Result Drivers
NEW BRAND LAUNCH - Successful soft launch of METHODIQ in Q3, with formal launch in November, aimed at transforming medical care with tech-driven solutions
ONLINE SALES GROWTH - Double-digit online revenue growth for IL MAKIAGE and SpoiledChild contributed to Q3 results
TECH INVESTMENTS - Ongoing development and expansion of ODDITY LABS molecule discovery platform cited as growth driver
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$148 mln
$145.44 mln (8 Analysts)
Q3 Adjusted EPS
Beat
$0.40
$0.35 (8 Analysts)
Q3 EPS
$0.28
Q3 Adjusted Net Income
Beat
$25 mln
$21.41 mln (6 Analysts)
Q3 Adjusted EBITDA
Beat
$29 mln
$27.21 mln (8 Analysts)
Q3 Gross Margin
71.60%
Q3 Adjusted EBITDA Margin
19.50%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the personal products peer group is "buy"
Wall Street's median 12-month price target for Oddity Tech Ltd is $75.00, about 51.2% above its November 18 closing price of $36.58
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 31 three months ago
Press Release: ID:nGNX8bkVLs
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)